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Section 3. The Lease and Trust Indenture shall be <br />executed on behalf of the City of South Bend, Indiana by the <br />Mayor and City Clerk and sealed with the corporate seal of <br />such City. <br />Section 4. Said Industrial Development Revenue Bonds, <br />payable solely and only from the revenue derived from such AMERICAN <br />TOOL & DIE, INC. facilities, may be issued in amounts not to exceed <br />Two Hundred Thousand ($200,000.00) Dollars for a period not exceeding <br />twenty (20) years after the first monthly installment due thereon, <br />in accordance with the terms of said Lease and Trust Indenture and <br />that such Bonds shall be executed on behalf of the City of South Bend, <br />Indiana, by the Mayor and City Clerk of South Bend, Indiana, and shall <br />be sealed with the corporate seal of said City. <br />Section 5. This Ordinance shall be in full force and <br />effect from and after its passage by the Common Council and <br />approved by the Mayor. <br />1st READING ct5 S <br />PUBLIC PZAR05 <br />nJ {BEADING V- a t- 7 7 <br />NOT APPROVE®. <br />REERRED <br />PASSED v —0 V— % <br />-2- <br />nr <br />111to IN SEER 's Urvitt <br />r�, , <br />Irene Gammon <br />CITY CLERK, SOOTN BEND. IND. <br />